DUBAI, UAE, June 11, 2015 /PRNewswire/ --
Copart, Inc. (NASDAQ: CPRT), a leading online vehicle auction
company, today announced the opening of its third facility in the
Middle East, Copart Muscat
Auctions LLC. This facility is now open for business and will
conduct its first auction on June
23rd, with its principal office and location in
Halban/Barka, close to Muscat. Auctions will take place every
Tuesday thereafter at 5 p.m. local
time (see website for Ramadan
timings).
(Logo:
http://photos.prnewswire.com/prnh/20141126/718004 )
Copart has been steadily increasing its presence in the
Middle East, opening its Middle
Eastern headquarters in Dubai,
UAE, in 2012, a facility in Manama,
Bahrain in May 2015, and now
its first facility in Oman.
"We are excited to continue to expand capacity and offer
increased capabilities to meet our clients' needs," stated Carlos
Sabugueiro, Copart's CEO of the Middle
East and Africa. "With its
proximity to major shipping ports, the Oman facility will improve logistics and
convenience for our buyers and sellers - both domestic and
international."
Currently, the UAE is the second largest international
destination for cars sold from Copart's North American yards.
Adding new locations will provide buyers more immediate auction
inventory in the region and local service provision for logistics
and payment options.
"Copart's new facility in Oman
is the latest expansion of our global footprint," said Vinnie Mitz, Copart's President. "With this new
location, we will be better able to support our customers in the
region and enhance options for our buyers in more than 150
different countries across the globe."
To find out more, visit our website http://www.copartmea.com ,
contact our contact our Head Office in the Middle East on +971(0)4-379-27-07 or email us
on infouae@copart.com.
ABOUT COPART:
Copart, founded in 1982, provides vehicle sellers with a full
range of remarketing services to process and sell salvage and clean
title vehicles to dealers, dismantlers, rebuilders, exporters and,
in some states, to end users. Copart remarkets the vehicles through
Internet sales utilizing its VB3 technology. Copart sells
vehicles on behalf of insurance companies, banks, finance
companies, fleet operators, dealers, car dealerships and others as
well as cars sourced from the general public. The company currently
operates in the United States and
Canada (http://www.copart.com),
the United Kingdom
(http://www.copart.co.uk), Brazil
(http://www.copart.com.br), Germany (http://www.copart.de), the
United Arab Emirates, Sultanate of
Oman, and Bahrain (http://www.copartmea.com), and
Spain
(http://www.autoresiduos.com). Copart links sellers to more than
750,000 members in over 150 countries worldwide through its
multi-channel platform. Copart was recently ranked at the top of
Deloitte's "Exceptional 100" list of companies, which reviewed U.S.
publicly traded companies based upon a multidimensional approach to
measuring financial performance. For more information, or to become
a member, visit http://www.copartmea.com.